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breakingnews
26.02.2009, 15:05
Russian media group CTC Media has posted a Net Loss for 4Q 2008 of $89 million under U.S. GAAP, to bring the FY2008 Net Income down to $22.45 million.
26.02.2009, 11:02
Capital outflows from Russia continue to suggest that banks and companies are shorting the Rouble on a speculative basis. That's leading some to consider the imposition of some form of currency regulation.
26.02.2009, 11:00
Russian Technologies has admitted it's switching to western financing because Russian bank interest rates are too high. The news came as Parliament backed proposals to slash hi-tech investment.
02.03.2009, 10:32
Russia's GDP fell 8.8% in January, year-on-year, though demand for consumer goods continues to grow. But experts say changes in the retail sector are underway.
12.11.2009, 14:36
8 comments
On Thursday, Russian President Dmitry Medvedev delivered his second address to the nation’s parliament, The Federal Assembly. He touched on urgent problems society currently faces, and spoke of pragmatic solutions.
19.03.2010, 13:31
6 comments
President Medevev has announced during a speech to young scientists that Russia is to build its equivalent of Silicon Valley in the village of Skolkovo near Moscow.
18.12.2009, 11:24
2 comments
Vladimir Putin has ordered an extra $700 million to be pumped into the country’s aircraft manufacturers.
18.03.2010, 11:38
1 comment
Russia's largest carmaker, Avtovaz, has come up with a $3.7 billion investment strategy over this decade. On Thursday the struggling car giant expects to receive the government's go ahead.
14.11.2009, 21:40
1 comment
Experts have welcomed President Dmitry Medvedev’s plan to convert Russia’s state corporations into something more dynamic, with some saying they has been a costly mistake.
25.06.2010, 13:53
1 comment
Russia and the United States have agreed to jointly work on innovative breakthroughs, with Dmitry Medvedev meeting Barack Obama in Washington, after the Russian President's Silicon Valley visit.
Published: 27 February, 2009, 12:06
Russia's controversial tax on car imports has pushed locally made cars to the top of January's sales charts. But the WTO and governments from Japan to Europe have criticised Moscow for protectionism.
